A Senate committee passed an 18-month extension to the federal highway-funding law, rejecting calls for a longer, more expensive plan, Bloomberg reported.
July 16, 2009Search
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Philadelphia Manufacturing Index Falls
Manufacturing levels in the Philadelphia region slowed this month, the Federal Reserve Bank of Philadelphia said Thursday.
July 16, 2009FedEx Sees ‘Flat’ Shipments in Fiscal 2010
FedEx Corp. predicted that shipping volumes will remain “relatively flat†in the fiscal year started last month amid “continued softness in demand,†Bloomberg reported.
July 16, 2009Initial Jobless Claims Fall for Week
Initial jobless claims fell by 47,000 last week to 522,000 from the week before, the Labor Department said Thursday.
July 16, 2009I-75 Stretch Closed Near Detroit Following Accident
A two-mile stretch of Interstate 75 is “indefinitely closed†in both directions near Detroit following a large but non-fatal accident involving a tanker truck Wednesday night, the Associated Press reported.
July 16, 2009USA Truck Reports 2Q Loss
Truckload carrier USA Truck reported a second-quarter loss of $1.1 million, or 11 cents per share, compared with net income of $2.1 million, or 21 cents, a year ago.
July 16, 2009Industrial Production Decline Slows in June
Industrial production fell in June at the slowest pace in eight months, the Federal Reserve said Wednesday.
July 15, 2009New York Manufacturing Index Improves in July
Manufacturing activity in the New York region contracted at the slowest pace in more than a year, the Federal Reserve Bank of New York said Wednesday.
July 15, 2009Consumer Price Index Increases 0.7%
The consumer price index gained 0.7% in June, the biggest jump since July 2008, the Labor Department said Wednesday.
July 15, 2009Landstar’s 2Q Income Declines
Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.
July 16, 2009